Supported Deposit Registration Schemes (UK)
Yorlet allows you to create deposit records with the following schemes: Please note that you can restrict certain deposit schemes in your account by navigating to your Deposit Settings. By toggling these on/off, you can ensure your team doesn’t accidentally register a deposit with the wrong provider.Deposit statuses
- Pending: The deposit is pending registration.
- Active: The deposit has been registered on Yorlet.
- Releasing: The tenant will be notified and asked if they agree with the charges that have been added or whether they dispute them.
- Disputed: The tenant has disputed the deposit.
- Pending return: The tenancy has ended, and the deposit needs to be returned to the tenant.
- Returned: The deposit has been returned to the tenant.
Reporting
If you require a snapshot of all the deposits you are currently holding in your client money account and what has been returned, Yorlet can generate a deposit report. Navigate to the Deposits report, you can specify dates for the report and are presented with:- Returned deposits: A detailed breakdown of returned deposits during the specified period.
- Active deposits: A detailed breakdown of active deposits, including which schemes they are held with and what type they are (insured or custodial).